Bavaria's industry calls for end of Germany’s renewables surcharge system
Bavarian Industry Association
The Bavarian Industry Association (vbw) calls for an end of Germany’s Renewable Energy Act (EEG), which is aimed at supporting the expansion of renewable energy sources financially. In a press release on its “Agenda for Germany” for the year 2030, the vbw says Germany quickly had to come up with “a coherent general concept for energy policy” as the current management of the Energiewende, Germany’s energy transition, produces high costs and many regulations but fails to achieve its aim of lowering emissions. The EEG’s end would mean “an urgently required system change” in energy and climate policy.
Find the press release and the vbw’s agenda in German here.
For background, see the CLEW factsheet on renewables financing here.
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